Chalice Brands Ltd (CHALF)

[BriarPatch]

nope, it seems you have the facts twisted around all back to front.

As quoted in the press release:

As announced in a press release dated December 27, 2018, William Simpson, former President and CEO of the Company, was replaced in those capacities by William Kulczycki. It was intended that Mr. Simpson continue with the Company in a full-time capacity as “Founder” and Board observer without responsibility for operations. Mr. Simpson has been on a sabbatical leave of indefinite duration since February 4.

Mr. Kulczycki has initiated significant efficiency measures intended to improve the financial performance of the Company, including reductions in compensation and other expenses. Through this process, in January, headcount was reduced by 19 [percent] throughout the Company. These measures were implemented to lower Company costs, improve cash flow and otherwise increase operational efficiency, with the objective of increasing shareholder value over the long term.

https://investingnews.com/daily/cannabis-investing/golden-leaf-issues-corporate-update/

like I said "...all back to front..."

also, "...extorted the company..." - laughable. No they performed a service and were paid with shares of stock, whereas dp realized that was illegal and told them so.

In addition to those misconceptions there's this

today announced that it has broken ground at 620 East Dyer Road, Santa Ana, CA, following receipt of the necessary permits from the City of Santa Ana which allow construction to commence. The Company is developing a large scale, one-of-a-kind cannabis complex on East Dyer Road, which is adjacent to the 55 Freeway and acts as an entry point into the Southern California marketplace, allowing the Company to benefit from the area’s high population density and traffic.

Terra Tech purchased the 45,000 square foot facility at 620 East Dyer Road in January 2018 to expand its retail presence in Southern California. In addition, the Company plans to include an event facility to host large-scale cannabis themed events, such as concerts and movie nights.

Chief Executive Officer, Derek Peterson, said, “I would like to extend our thanks to the City of Santa Ana for its ongoing support as we advance our plans to build out a Blüm-branded retail dispensary at our East Dyer location. We are also developing a cannabis event center, which is anticipated to make us a highly sought-after destination in one of the country’s most important cannabis markets. The Dyer Road facility is in a densely populated area, with approximately 4,100,000 residents living within 20 miles of the location. It also benefits from a high level of tourism due to its proximity to Disneyland, another major Southern California attraction. This is a very exciting project for us and we expect construction to be completed in the fourth quarter of 2019.”

https://www.terratechcorp.com/news-media/press-releases/detail/266/terra-tech-breaks-ground-at-east-dyer-road-santa-ana